Norway is actually a effectively created state with a stable and evolving economy which presents numerous possibilities for investors, both foreign and national. You will find a couple needs to establish a Norwegian company plus the taxes are pretty low. The incorporation procedure is simple and requires a brief time period to become done.

Preliminary affairs before registering a public or private restricted company in Norway

Prior to the establishment of your Norwegian company the future shareholders on the firm should give the minimum needed capital, open a bank account and deposit it, along with a deed that certifies the deposit is necessary before registration. The balance sheet should be studied by an auditor so as to situation a statement confirming the opening balance, the firm's acceptance from the auditor appointment and that the share deposit has been paid integrally.

Registering for personnel injury insurance in Norway

When the firm has personnel, the founders will have to send an application for the administrative institution from day among function. The application must have identification info with the firm and with the worker.

Registering with all the Register of business information on norway

Either firm should be signed up using the Norwegian Company Registry. This step is a web-based procedure. It enables electronic signature on the registration kind as well as the possibility to upload copies of articles of association, auditor statements, and the certificate from the bank as attachments. These documents could be sent by means of e-mail. In the similar time as applying for registration, the incorporators of a business may possibly also apply for registration with VAT filling a kind, procedure that gives protection from the business name.

Establishing a Norwegian company from abroad

Norway can be a excellent and welcoming atmosphere for foreign investors. There are not any restrictions or discrimination between national entrepreneurs and foreigners. The government encourages foreign investment in all domains, but mostly in low created sectors. Any entrepreneur is able to establish a company in Norway, and getting a resident is not a have to. Having said that, in order to setup a company in Norway, a permanent Norwegian address is necessary. When the entrepreneur isn't carrying on business activities on Norway's territory it truly is necessary that a Norwegian representative with the company manage tax connected concerns.

How lengthy does it take to identified a Norwegian company?

Depositing the initial capital is usually a procedure carried out in a single day, identical as possessing the balance analyzed by an auditor. Due to the easier electronic kind, registration together with the Register of Business Enterprises is done in 3 days. General, the time frame for creating a company address in norwayis about one particular week.

Types of Norwegian providers: - Public Restricted Company (Allmennaksjeselskaper - ASA) in Norway - Private Restricted Company (Aksjeselskaper - AS) in Norway - Basic Partnership (Ansvarlig selskap - ANS) in Norway - Limited Partnership (Kommandittselsjap - KS) in Norway